ELM COTTAGE, MUCH BIRCH, HEREFORD, HR2 8HY - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ELM COTTAGE is a very small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £279,541. It was last sold for £220,000 in July 2018, which was around 37% below the average July 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

ELM COTTAGE Sold Prices

Land registry data shows three sales for ELM COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. All of the three ELM COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 31 JUL	£220,000	£348,596	37% below HPI
2016 16 SEP	£210,000	£315,980	34% below HPI
2014 30 JAN	£192,500	£274,499	30% below HPI

ELM COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three ELM COTTAGE sales between January 2014 and July 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might ELM COTTAGE be worth now?

ELM COTTAGE might now be worth an estimated £279,541.

This is based on house price inflation of 27.1%, between July 2018 and February 2025, for detached houses, in the Herefordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for ELM COTTAGE of £220,000 on 31st July 2018. For the value to have increased from £220,000 to £279,541 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of ELM COTTAGE has moved in line with the HPI for detached houses in the Herefordshire local authority area.
• The July 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of ELM COTTAGE has not materially changed since July 2018.

How Large is ELM COTTAGE?

ELM COTTAGE is 86m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Much Birch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Birch, and where ELM COTTAGE lies on this distribution: 4% of detached houses houses are smaller than ELM COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Much Birch.

ELM COTTAGE: Plot and Title Map

ELM COTTAGE sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of ELM COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of ELM COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is ELM COTTAGE?

ELM COTTAGE is located in MUCH BIRCH, in the HR2 postcode district. The below map shows the position of ELM COTTAGE in MUCH BIRCH.